Carnival retains cruise market leadership, but MSC is forecasted to double its share

Monday, April 25th 2016 - 05:39 UTC

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Carnival Corporation will retain its leading market share going forward, with more than 40% of the global cruise market by 2026, but down from 44.3% this year, according to the 2016/2017 Cruise Industry News Annual Report. Meanwhile, MSC Cruises will double its market share. Read full article

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ChrisR
MSC are doing what they can to safeguard going down the crapper with the rest of the commercial fleet in which they have a major presence.

One UK general shipper has got shareholder permission to sell six of their eight modern fleet, and very nice ships they are too, for just ONE dollar each but the purchasers will have to take one sixth of the companies substantial debt as final payment.

This, of course, should leave the company debt free. Mmmm, given there is a major oversupply of such vessels and the consequential rise of 'zombie' ships (going after business at any price) this stunt may not work.

As for new build we can only hope there are new electrical control room designs to prevent the serious, ship threatening, fires that we have seen so many of in recent years.
Apr 25th, 2016 - 11:53 am - Link - Report abuse 0
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